In A Busy Strip Center With Ample Parking On The Main Thoroughfare
McHenry, IL
Asking Price: $89,000
Gross Sales: $357,909
Net Operating Income: $41,191
Monthly Rent: $3,000
Lease Expiration: 03/2023
Options: (New Options)
Year Established: 2003
Owner Operated: No
Seller Financing: No
Food Type: Italian, Pizza Place
Service Type: Fast Food
Business Type: Franchise
Sale Type: Business For Sale

Description:

Offering Chicago-style pizza, along with delicious pasta, calzones, Italian beef, burgers, dogs, ribs, chicken, wraps, sandwiches, salads, wings, appetizers, desserts and beverages.

Small dine-in (8 stools), mostly pick-up and delivery plus huge catering business. Catering packages include a la carte or create your own buffet for parties, meetings, special events and more. Also caters the lunch program to 3 area schools. As well as a variety of lunchtime pizza by the slice in store!

Fully equipped kitchen with 15ft hood, large 6-shelf rotating pizza oven, 6-burner stove w/oven, char-broil grill, 2 fryers, 5-well steam table, salamander, walk-in cooler & freezer and much more. Phone system and Arrow POS system with online ordering. Rewards program.

Well established for over 18 years. Absentee owned and operated.

Feel free to stop by the location as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

County: McHenry
Location:

Prime retail space in a busy strip center with ample parking on the main thoroughfare with over 25,0000 vehicles per day. Also, near a major intersection. Perfectly situated in an area with over 35,000 residents!

Other popular tenants in the center include Jersey Mikes, Betty’s Bistro, Sylvan Learning, Hair Cuttery and Panera Bread. Also, across another busy plaza with sought after tenants. And near many national retailers such as Walmart Supercenter, JCPenney, Dick’s Sporting Goods, TJMaxx, PetSmart, DSW, Ross, Jo-Ann Fabrics, The Home Depot, Meijer, Kohl’s, Michaels, Aldi, Goodwill, Hobby Lobby and more.

Real Estate: Leased
Facilities:

Lease Information: Leased space $3,000/mth gross (also includes trash). Current lease expires in Mar 2023. New options to be negotiated with landlord. Square Feet: 1,620. Seating: 8. Days/Hrs of Operation: Daily 11a-9p. Owners Role: Absentee.

Number of Employees: 1 Full-Time & 9 Part- Time
Support/Training: Two weeks on-site comprehensive training.
Value of FF&E: Included In Asking Price
Value of Inventory: $4,000 - $5,000 (Not Included In Asking Price)
Competition:

“ The Pizza You’ll Fall in Love With!” Known for providing amazing Chicago style pizza, pasta, sandwiches and casual Italian fare for over 40 years. Their family recipes originated in Italy and have become a tradition of quality for 5 generations. The key components to their brand: keep it simple - limited and focused inventory, honest great tasting food and committed to making the world’s greatest pizza.

Growth and Expansion:

Best pizza in McHenry! #1 pizza place in town. Local favorite. Lots of regulars for years. Huge catering business. First restaurant opened in 1997, currently 16 franchises in the greater Chicago area with 4 more opening soon.

Seller Financing Available: No
Reason For Selling: Retiring.